Rejection on the breakout from crypto vs stable coinswas exciting, but a rejection. More downside to come unless we close above the line
Cryptos are standing over a cliffIs the big drop, and possible final drop of this cycle here?
Big news via the inflation numbers today
Previously the FED after meeting suggested that the economy is recovering, and the tapering of funds is goign to slow down (ie more money to be printed)
I think that that is very deceitful, as:
Inf
green dot printed on composite crypto index/stables (MCB)On the log chart, the composite crypto index, has printed a green dot.
in the charts you can see that this coupled with a test of the trendline generally tend to lead to a rally.
just interesting to see what will happen in the next few weeks
BNB.D This Chart just to know
Its not Advice to Buy or Sell
But its a Good Sign if it Break Up and Close 1 week Above the Triangle Trend
BNB DominanceAs expected and discussed in my previous ideas,
BNB is and took a lot of dominance in the previous weeks and it is looking like there's still room for growth ahead of us,
The Binance Chain is growing so is it's Market Cap,
One of the top centralized exchanges in terms of trust and liquidity!
A lot
🔥🚨BNB market cap dominance is in dip, Every time BNB dominance dropped to this level then we would have a pump
Large Cap Coins Excluding BTC Dominance Index. (Top 9 Alts)Since there isn't an index that specifically breaks out the top nine alt coins in regards to dominance I made this one up. TOTAL2 and OTHERS both look at large cap alts while excluding BTC but OTHERS excludes large cap alts and neither specifically looks at the top 10 excluding BTC. I chose baselin
BNB Dominance Triangle!This should be a sign for anyone fearful about the future of BNB! Looks like its stealing energy from Ethereums Defi market because the gas fees are so ridiculous that it prices 99% of the first world out of it! Who would have guessed? Maybe Eth 2.0 will have something to say about it though!! These
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